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Deal Detail

Harris Freeman & Co (Tea Business) to TreeHouse Foods, Inc.

BeveragesNon-Alcoholic/Dec 2024
EV / LTM EBITDA
8.5x
EV / LTM Sales
-
Enterprise Value
-
Primary Source
Lazard

Comparable Transactions

Beverages transactions announced in the five years to December 2024. 8 with a disclosed multiple.

DateTargetAcquirorEnterprise ValueEV/SalesEV/EBITDAType
Jun 2024Britvic plcCarlsberg UK Holdings--13.1xStrategic
Oct 2023DAOU VineyardsTreasury Wine Estates Ltd$900M-12.8xStrategic
Nov 2022Barbanera and FossaltoItalian Wine Brands S.p.A.$45M1.1x8.0xStrategic
Apr 2022Westrock Coffee CompanyRiverview Acquisition Corp--14.5xFinancial
Nov 2021Frank Family VineyardsTreasury Wine Estates Limited$315M5.8x13.2xStrategic
Jun 2021Enoitalia S.p.A.Italian Wine Brands S.p.A.$181M0.8x8.9xStrategic
Oct 2020Coca-Cola Amatil LimitedCoca-Cola European Partners plc$7.9B2.2x12.2xStrategic
Jan 2020Primo WaterCott Corporation--15.6xStrategic
Mean2.5x12.3x
Median1.7x12.9x

All Observations

Source-specific multiples and notes for this transaction.

CompPrimary?Source TypeSourceSource AdvisorSource YearEV (USD)EV/SalesEV/EBITDAEV/Fwd EBITDANoteCitation
Primaryfairness opinionSTKL FOLazard2026--8.5x--Open
-fairness opinionSTKL FOScotia Capital2026--8.5x--Open
-fairness opinionTHS FOGoldman Sachs2025--8.5x--Open